Certificate of Confirmation for the purpose of audit under section 44AB of the Income-Tax Act, 1961
To, NAME AND ADDRESS OF AUDITOR Sub: Certificate of Confirmation for the purpose of audit under section 44AB of the Income-Tax Act, 1961 for the financial year 20xx-20xx (Assessment Year 20xx-20xx ) Dear Sir, Please refer to aforesaid, I hereby certify the followings: - 1. Cash Balance: that there was a cash balance of Rs. _________ at the closing of the year, which was physically verified and found correct by us. 2. Bank Balance: The firm is having following bank balance with respective bank: Name & Branch of Bank Closing Balance Current A/c, O/D, C/C A/c The above accounts have been duly reconciled and the Bank Reconciliation statement has been prepared, where required. 3. Stock: that there was closing stock of Rs. ___________/- of goods which was physically verified by me and valued at cost price (FIFO) or net realizable value as per preceding year, and The abov